MAKING GOOD HAPPEN IN THE VALLEY WE CALL HOME

Welcome to the 2022 Valley First Credit Union annual report. The following pages highlight our achievements during the past year in making good happen for our members, our staff, and the communities in the valley we call home.

All these achievements are made possible by our loyal members. Our members provide the resources we use to promote the economic development of our community. In turn, we invest in the financial success of our members in the form of reduced fees, higher savings rates, and lower loan rates. This cooperative relationship is the heart and soul of the credit union.

Our mutual success depends on our ability to mitigate risk and make sound financial decisions. This report shows the financial health of our credit union is strong. We are well-capitalized, maintaining equity reserves and liquid investments that prioritize needed safety and soundness for our members.

The bottom line is we live and work in the communities we serve. Our deposits come from our neighbors in the community who entrust their savings to us. Our loans go to local businesses where we shop. We operate every day in a way that protects our members as if they were our friends and family—because they are!

BOARD CHAIRPERSON’S MESSAGE